Is now the right time for you to buy a home? Here’s what you should know.


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In 2021, we experienced the lowest interest rates of all time. We’re currently seeing rates increase due to inflation, and that will continue.

You need to think carefully about whether you should buy now with the lower rates or hope home prices level out somewhat. We’ve done the math, and purchasing a home now, even with the present prices, is a better deal than purchasing later when rates rise 0.5% or more. If you’re considering making a move, look at the numbers, speak with your lender, and reach out to us if you want to discuss home prices or buying strategies. Though you’ll have to figure out whether it’s the right time for you to buy, it’s certainly an excellent time to sell.


   We’re currently seeing rates

increase due to inflation.  



A 30-year fixed mortgage is best, but if you can afford a 15-year and want to go that route, that’s fine. You can also get a 30-year mortgage and pay it as though it’s a 15-year without much risk. We don’t recommend adjustable-rate mortgages unless you can get a guarantee that it’ll be safe for you. About 90% of the time, it’s not a safe choice. 


If you’d like our input about whether now is the time for you to buy, we’re available to discuss what’s happening in our real estate market, where we see it heading, inventory levels, and how all that might affect you. If you have real estate questions or we can help you in any way, please reach out to us via phone or email. We’d love to speak with you.